The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 83.61 per barrel (bbl) on 23.10.2014. This was lower than the price of US$ 83.73 per bbl on previous publishing day of 21.10.2014.
In rupee terms, the price of Indian Basket decreased to Rs 5120.28 per bbl on 23.10.2014 as compared to Rs 5132.65 per bbl on 21.10.2014. Rupee closed stronger at Rs 61.24 per US$ on 23.10.2014 as against Rs 61.30 per US$ on 21.10.2014.
The table below gives details in this regard:
| Particulars | Unit | Price on Oct 23, 2014 (Previous trading day i.e. 21.10.2014) | Pricing Fortnight for 16.10.2014 (Sep 27 to Oct 10, 2014) |
| Crude Oil (Indian Basket) | ($/bbl) | 83.61 (83.73) | 92.02 |
| (Rs/bbl | 5120.28 (5132.65) | 5650.03 | |
| Exchange Rate | (Rs/$) | 61.24 (61.30) | 61.40 |
MJPS/Daily Crude oil price- 24.10.2014